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$ 1,295,000
Est. payment /mo
Active
5334 Cleon Avenue North Hollywood (los Angeles), CA 91601
6 Beds
2,935 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,935 sqft
Price per Sqft $441
MLS Listing ID CRSR25166296
Bedrooms 6
HOA Y/N No
Year Built 1948
Lot Size 6,038 Sqft
Acres 0.14
Property Sub-Type Triplex
Property Description
Cap Rate Just Got Better – Major Price Adjustment! Prime North Hollywood Triplex – All Vacant Remodeled & New Construction with Development Potential Located in the vibrant heart of North Hollywood, just steps from the Arts District, this exceptional triplex presents a rare opportunity for investors and owner-users alike. Set on an R3-zoned lot, the property includes two fully remodeled units and a brand-new third unit, combining modern comfort with unbeatable income potential. Whether you're looking to live in one and rent out the other two, or expand the property portfolio, this offering checks all the boxes. The R3 zoning provides significant upside—build additional units or take advantage of the lot's full potential to develop a multi-unit apartment building in one of LA’s most desirable rental markets. Don't miss this chance to secure a versatile property in a rapidly growing neighborhood with excellent walkability to local cafes, galleries, and transit
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace No
Laundry Dryer, Washer
Exterior
Exterior Feature Other
View Y/N true
View Other
Building
New Construction No
Others
Tax ID 2416007015
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Listed by Ronen Saruri • Elevate Luxury Living